Markets

European equity markets have slumped in afternoon trading as Spanish 10-year bond yields approach record highs once again.

Jacob de Tusch-Lec, manager of the Artemis Global Income fund, is upping his exposure to Real Estate Investment Trusts as he seeks to inflation-proof part of his portfolio.

Old Mutual is preparing to cut 30 jobs as it merges Skandia Investment Group and Old Mutual Asset Managers into a single division.

The departure of Halfords CEO David Wild has seemingly cheered investors but analyst sentiment is less clear-cut.

Academic research has found companies recognised as sector or market leaders represent "dismayingly unattractive" prospects for investors over the next decade.

The majority of global equity funds underperformed the market in the first half of 2012, with many managers wrong-footed by the US outperformance.

Darwin Investment Managers' David Jane tackles the thorny question of China, and asks whether a gentle slowdown could really become a bumpy landing.

Moody's has downgraded the credit rating of financial services group Close Brothers, pointing to the rapid growth of its loan book and its exposure to the flagging UK economy.

Active managers who use short-term volatility to back their convictions are better placed than ever to prove their worth, according to Simon Brazier, head of UK equities at Threadneedle.

Regulators have turned their attention to at least four of Europe's largest banks in a continued investigation of manipulation of the LIBOR benchmark interest rate.